Call reports 2017
DRAKE BANK — 2017
What DRAKE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 100,336,000 | 100,113,000 | 98,085,000 | 98,027,000 |
| Total loans | 87,282,000 | 83,257,000 | 84,087,000 | 83,723,000 |
| Allowance for loan losses | 1,021,000 | 1,058,000 | 930,000 | 964,000 |
| Securities available for sale | 3,190,000 | 3,169,000 | 3,151,000 | 3,620,000 |
| Securities held to maturity | 1,521,000 | 1,517,000 | 1,512,000 | 1,008,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,055,000 | 74,974,000 | 71,573,000 | 72,003,000 |
| Interest-bearing deposits | 54,675,000 | 53,872,000 | 50,397,000 | 48,047,000 |
| Noninterest-bearing deposits | 20,380,000 | 21,102,000 | 21,176,000 | 23,956,000 |
| Equity capital | 10,687,000 | 10,962,000 | 11,121,000 | 11,131,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,229,000 | 2,540,000 | 3,752,000 | 5,112,000 |
| Interest expense | 117,000 | 238,000 | 365,000 | 517,000 |
| Net interest income | 1,112,000 | 2,302,000 | 3,387,000 | 4,595,000 |
| Noninterest income | 137,000 | 293,000 | 511,000 | 636,000 |
| Noninterest expense | 823,000 | 1,615,000 | 2,659,000 | 3,690,000 |
| Provision for loan losses | 0 | 30,000 | -119,000 | -89,000 |
| Pretax income | 426,000 | 950,000 | 1,358,000 | 1,630,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 426,000 | 950,000 | 1,358,000 | 1,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,687,000 | 10,977,000 | 11,135,000 | 11,157,000 |
| Total capital | 11,595,000 | 11,860,000 | 12,022,000 | 12,121,000 |
| Risk-weighted assets | 72,549,000 | 70,460,000 | 70,933,000 | 79,783,000 |